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Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Indian Renewable Energy Development Agency's annulizedROA % for the quarter that ended in Jun. 2026 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Indian Renewable Energy Development Agency Asset Turnover Related Terms
Indian Renewable Energy Development Agency Asset Turnover Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Indian Renewable Energy Development Agency Asset Turnover Chart
Indian Renewable Energy Development Agency Annual Data
BOM:544026 vs V, MA, AXP: Asset Turnover Comparison
For the Credit Services subindustry, Indian Renewable Energy Development Agency's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Indian Renewable Energy Development Agency Asset Turnover vs Credit Services Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Indian Renewable Energy Development Agency (BOM:544026) has a Asset Turnover of 0.02 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Indian Renewable Energy Development Agency and its competitors.
Is Indian Renewable Energy Development Agency's Asset Turnover too high?
Indian Renewable Energy Development Agency's current Asset Turnover is 0.02. Overall, Indian Renewable Energy Development Agency has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indian Renewable Energy Development Agency's Asset Turnover compare to V and MA?
Indian Renewable Energy Development Agency's Asset Turnover of 0.02 can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Credit Services company?
A good Asset Turnover depends on the Credit Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Indian Renewable Energy Development Agency and its competitors. Indian Renewable Energy Development Agency's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Renewable Energy Development Agency stock overvalued right now?
Based on GuruFocus' analysis, Indian Renewable Energy Development Agency (BOM:544026) is currently considered Possible Value Trap. The stock's GF Value™ is ₹215.67, compared to a current price of ₹121.20 — trading 43.8% below its estimated fair value. The current Asset Turnover is 0.02. Indian Renewable Energy Development Agency's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Indian Renewable Energy Development Agency (BOM:544026), the current Asset Turnover is 0.02 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Indian Renewable Energy Development Agency (BOM:544026) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Renewable Energy Development Agency stock appears to be undervalued.
The current stock price of ₹121.20 is trading 43.8% below its estimated GF Value™ of ₹215.67.
GuruFocus considers Indian Renewable Energy Development Agency to be Possible Value Trap.
Key valuation signals for BOM:544026:
Asset Turnover: 0.02
GF Value™: ₹215.67 vs. price of ₹121.20 (43.8% below fair value)
No single metric tells the full story. See the BOM:544026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. The company operates in two segments: Financing activities in the Renewable Energy (RE) & Energy Efficiency (EE) sector and Generation of power through Solar Plant operations at Kasaragod, Kerala. Majority revenue for the company is genetrated from the segment of financing activities in the RE EE sector.
54GF Score
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